405 S Berwick StSchallerIA51053
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Schaller at 405 S Berwick St, Schaller, IA, 51053 offers a 8.81% rental yield on a $165,000 purchase with $1,211/mo rent. Total monthly income registers $1,211/mo, and a $808/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,668/yr on $54,698 to close, and return on cash invested stands at 22.96% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 119.59% and total cumulative return in cash at $65,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,211/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51053, Schaller, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 371 (74.3%) |
| Renter Occupied HU | 76 (15.2%) |
| Vacant Housing Units | 52 (10.4%) |
| Median Home Value | $118,403 |
| Average Home Value | $164,016 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
187
Multi-Family
0
Businesses
40
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